India: NMDC to auction over 45,000 t of pellets from Donimalai

NMDC has scheduled an auction for 48,000 t of iron ore pellets (6-16 mm, Fe 63%) from its Donimalai pellet plant in Bellary, Karnataka. The auction will be held on 3 May’24. The floor price for the auction is yet to be declared, which will be on ex-pellet plant (FOT) basis, excluding taxes.